US to publish CPI report for annual Social Security cost-of-living adjustment
PositiveFinancial Markets

The US is set to release its Consumer Price Index (CPI) report, which will play a crucial role in determining the annual cost-of-living adjustment for Social Security benefits. This adjustment is significant as it directly impacts millions of Americans who rely on these benefits to keep up with inflation and rising living costs. By aligning benefits with the CPI, the government aims to ensure that recipients maintain their purchasing power, making this report a key indicator of economic health and social support.
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